Bloomberg Business

A popular initiative in Switzerland wants to hold a vote on partially nationalizing UBS Group AG, the initiators wrote on their website.

Commodity trading giant Trafigura Group has been exploring a range of potential deals involving its metals business, as it grapples with the unit’s future following a string of missteps.

The death toll from devastating floods in eastern Libya surged past 11,300 people in the city of Derna alone, overshadowing hopes of finding the thousands of others missing after a rare hurricane-like storm slammed into the North African nation last week.

The Philippine armed forces said Japan and Australia “expressed willingness” to take part in joint maritime patrols with it and the US in disputed waters.

A 36-hour rush of global monetary decisions may set the tone for the rest of the year as the world adjusts to a US push to keep interest rates high.

Betting that the European Central Bank cuts interest rates in the first half of next year would be a mistake, according to Governing Council member Martins Kazaks.

The world’s oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving economies of a fuel that powers industry and transport alike.

Corporate partners love to promote their equality credentials but shy away when things are a little contentious.

Union workers at Chevron Corp.’s liquefied natural gas facilities in Western Australia continued rolling 24-hour stoppages for a second day, prolonging uncertainty over global supply of the fuel.